VietlawOnline

blue-check From October 1st, 2021 to December 31st, 2021: Interest rates applicable to loans granted under policy credit programs shall be reduced by 10%

Decision No. 1990/QD-TTg dated November 26th, 2021 of the Prime Minister on reduction in interest rates on loans granted under policy credit programs at Vietnam Bank for Social Policies
Posted: 29/11/2021 8:55:45 AM | Latest updated: 30/11/2021 3:52:38 PM (GMT+7) | LuatVietnam: 5344 | Vietlaw: 538
VietlawOnline

Interest rates applicable to loans granted under policy credit programs at Vietnam Bank for Social Policies shall be reduced by 10% from October 1st, 2021 to December 31st, 2021.

After December 31st, 2021, interest rates applicable to loans granted under policy credit programs shall be applied according to the old rates.

Entities entitled to this policy shall be based on Decree No. 78/2002/ND-CP .

This Decision takes effect from October 1st, 2021 to the end of December 31st, 2021.

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com when reposting this article
Related documents
Not found
Penalty document
Unknown
Information
Effective Date 1-Oct-2021
ExpiredDate 1-Jan-2022
Published Vietlaw's Newsletter No. 538
Files attachment
vnflag pdficon QD1990-26112021TTg.pdf
vnflag wordicon QD1990-26112021TTg.docx
enflag pdficon QD1990-26112021TTg[VLO].pdf
Timeline
No data

Borrowing

blue-check Enterprises shall be subsidized interests up to 2%/year of loan
blue-check Forms of provision of interest rate support for enterprises
blue-check Eligibility requirements for loan and loan limit for private pre-schools affected by Covid-19
blue-check Credit policies for enterprises and the people in mountainous regions
blue-check Interest rate applicable to concessional housing loans in 2022 is 4.8%
blue-check From October 1st, 2021 to December 31st, 2021: Interest rates applicable to loans granted under policy credit programs shall be reduced by 10%
blue-check Amendments to policies on debt rescheduling, reduction and exemption of interest for borrowers affected by Covid-19
blue-check Information about policies on loan interest exemption, reduction amid Covid-19
blue-check New regulations on classification of debts, setting up of risk provisions at banks
blue-check Regulations on refinancing loans granted to Vietnam Bank for Social Policies (for implementing polices to support employees and employers affected by Covid-19 pandemic)
blue-check Conditions for borrowing loans from banks to pay wages amid Covid-19
red-check New regulations on provision of special loans for banks placed under special control
blue-check [Merged] - Policy on exemption and reduction in loan interests to assist borrowers affected by Covid-19 pandemic
red-check Amendments to conditions for exemption or reduction of interest and fees to assist borrowers affected by Covid-19 pandemic
blue-check Projects entitled to preferential lending from the National Technology Innovation Foundation
blue-check Regulations on treatment of risks arising from loans provided for SMEs
blue-check Regarding withholding tax on expenses paid for hiring consultation on borrowing foreign loans
blue-check Banks are required to reduce loan interest rates for flood-hit clients
blue-check Regarding reduction of interests and debt rescheduling in the context of Covid-19
red-check Procedures for refinancing loan granted to Vietnam Bank for Social Policies for giving loans to employers for making suspension pay for workers